We are in an environment where there are a lot of M&A rumors and a reasonable amount of (actual) M&A so I do not think these rumors are confounded.

If the market does have a correction, the worst-performing sector in that correction will have been the best-performing sector in the last couple of years.

With M&A still a key theme for equity markets, this methodology can continue to outperform.

Most people think we're in for a couple more rate hikes in the United States. We'd argue that that would make life more difficult for equity markets but so far they seem to be trickling along quite nicely.

We question whether companies will be able to pass their input increases on. Even if the oil price goes sideways, it will still hurt companies.

Another day, another bid -- the market is going above 6,000.